Likely you’ve already amassed the records needed for tax return preparation this year. Perhaps you’ve seen that there have been missed opportunities … Read more about Mileage Tracking for Greater Tax Savings
SEPs: IRA-Based Retirement Plans that Aren’t IRAs
As qualified retirement plans go, a SEP, which stands for Simplified Employee Pension, has a lot going for it. You can save substantial sums and take … Read more about SEPs: IRA-Based Retirement Plans that Aren’t IRAs
What the President’s Budget Proposals Mean for Small Businesses
Last week the President released his proposals for the government’s 2017 fiscal year. The budget includes new spending as well as new revenue ideas. … Read more about What the President’s Budget Proposals Mean for Small Businesses
What Perks Do You Offer?
A survey by Glassdoor looked at 50 fringe benefits offers by employers and found some surprising, as well as not so surprising, results. The big … Read more about What Perks Do You Offer?
Estate Planning for Your Business: Don’t Delay
According to a Kent State’s Succession Planning Workshop in 2012, more than 70% of privately-owned businesses will change hands within the next two … Read more about Estate Planning for Your Business: Don’t Delay
New Tax Rules for Business — Part 4 (S Corporations)
The Protecting Americans from Tax Hikes (PATH) Act, which was signed into law on December 18, 2015, extends permanently or temporarily many … Read more about New Tax Rules for Business — Part 4 (S Corporations)
Higher Interest Rates and Your Business
Last December, the Federal Reserve announced that it was raising the Federal Funds Rate (the rate at which banks borrow money from each other … Read more about Higher Interest Rates and Your Business
New Tax Rules for Business — Part 3 (Research Credit)
The Protecting Americans from Tax Hikes (PATH) Act, which was signed into law on December 18, 2015, extends permanently or temporarily many … Read more about New Tax Rules for Business — Part 3 (Research Credit)
Breaking Up Isn’t Hard to Do When an Owner Wants Out
When you go into business with others, things don’t always work out as anticipated. Co-owners can disagree about the direction of the business and, as … Read more about Breaking Up Isn’t Hard to Do When an Owner Wants Out
New Tax Rules for Business — Part 2 (New Employees)
The Protecting Americans from Tax Hikes (PATH) Act, which was signed into law on December 18, 2015, extends permanently or temporarily many … Read more about New Tax Rules for Business — Part 2 (New Employees)
“Joy” — A Movie with Lessons for Entrepreneurs
The movie entitled Joy is based on the life of Joy Mangano, who developed the Miracle Mop that she marketed on QVC and went on to build a business … Read more about “Joy” — A Movie with Lessons for Entrepreneurs
Annual Meeting Reminder
If you have a corporation, be sure to hold your annual meeting before the end of the year. This is state law requirement. Understand why you want to … Read more about Annual Meeting Reminder
Shadow Workers: Consequences to All
Shadow workers, also referred to as ghost workers, are employees who work off the books. They are paid “under the table.” Companies don’t keep records … Read more about Shadow Workers: Consequences to All
Financial Recovery after a Disaster
The Atlantic hurricane season ended on November 30 without any major storm. It’s been 10 years since any big hurricane has hit Florida, and as a … Read more about Financial Recovery after a Disaster
Writing Off Tangible Property Purchases the Easy Way
Usually, when you acquire any tangible property expected to last more than a year, you must recover the cost through depreciation allowances claimed … Read more about Writing Off Tangible Property Purchases the Easy Way
